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20110716
20110716
STATION
CNNW 6
MSNBCW 5
KGO (ABC) 1
KNTV (NBC) 1
LANGUAGE
English 15
Search Results 0 to 14 of about 15
MSNBC
Jul 16, 2011 6:00am PDT
more on that later. but we begin with the big fight in washington growing more desperate as the august 2nd deadline to raise the debt ceiling approaches. the key question this morning will we to see any progress this weekend? we go live to the white house for more. are they working this weekend and might we expect more progress here? >> reporter: we'll to see. there's a lot of closed door negotiations. that's the phase we're in now. we're a day closer to what many experts have called a financial catastrophe, six closed door meetings that they had in the west wing. the focus turns to congress. whether or not they can reach a deal on a dramatically scaled back version, not that grand bargain, something smaller but do it in time for august 2nd when the country is due to run out of cash. taking his case public for the second time in a week, president obama accused republicans of refusing to compromise. >> the problem is members of congress are dug in ideologically into various positions because they boxed themselves in with previous statements. >> reporter: with the clock ticking towards w
MSNBC
Jul 16, 2011 5:00am PDT
witt. first off for you this hour the big fight in washington over spending and the debt limit. as that august 2nd deadline to raise the debt ceiling grows closer. we go to the white house for more. >> reporter: good morning, richard. it's a day closer to what the president and many outside experts are calling a financial catastrophe and hope for a big deal, the so-called grand bargain appears to be all but lost. the action turns to congress and whether they can pass a scaled down version of debt reduction before the country runs out of cash. taking his case public for the second time in a week, president obama accused republicans of refusing to compromise. >> the problem is members of congress are dug in ideologically into various positions because they boxed themselves in with previous statements. >> reporter: with the clock ticking towards what the president described as are a ma fw -- armageddon, he's hoping a deal could still be struck. >> but we got to get started now. that's why i'm expecting some answers from all the congressional leaders sometime in the next calm of da
MSNBC
Jul 16, 2011 7:00am PDT
deadline still fast approaching, the big question, will we see any progress so the u.s. will not default on its bills? nbc's mike vick kwer are at the white house. >> reporter: raising interest rates, people not getting checks, veterans affairs, in the course of each and every month. that's what's at stake here, the government would have to start to prioritize and major credit agencies are already talking about downgrading treasury bonds and the wisdom of investing in those. today, more dualing back and forth, the president in his weekly address, orrin hatch speaking for republicans, here's what they had to say about the state of play. >> i don't think oil companies should get tax breaks when they're getting tens of millions of profits. i don't think hedge fund managers should make more in bonuses than their secretaries salary. >> it was a crime of the president to submit and for congress to pass -- the only reason that congressional democrats would refuse to pass it because they know that the people of this country would rise up and quickly ratify it. >> there you see orrin hatch from u
MSNBC
Jul 16, 2011 8:00am PDT
going on behind the scenes, no big meetings today, the president in his weekly address today laid out the stakes and again called for share sacrifice and that means in the white house, you're raising taxes on the wealthy. >> the truth is, you can't solve our deficit without cutting spending, but you also can't solve it without asking the wealthiest americans to may their fair share or without taking on loopholes that give special interests and big corporations tax breaks that middle class americans don't get. >> reporter: now those taxes that the president are talking about, a nonstarter with republicans, that is a sticking point. that is the impasse, the hurdle that they simply cannot clear. in the meantime, republicans are moving ahead in congress with a balanced budget amendment to the constitution. it is very much a long shot. they're moving ahead, here's orrin hatch explaining why. >> the only reason this administration doesn't want a constitutional amendment is because they want to keep spending the american people's money. and the only reason congressional democrats would refus
CNN
Jul 16, 2011 5:00am PDT
. the big mistaking that had people thinking they had gotten the bargain of the year. >>> but first, here are your options. resign or be fired. that is the ultimatum that was just given to nearly 200 educators tied to one of the largest school cheating scandals in u.s. history. it was just over a week ago, a state investigation revealed 178 teachers, including 38 principals, woulding at 44 schools cheated for students on standardized tests in atlanta. on monday, interim superintendent erroll davis replaced four superintendents and one principal in the atlanta public school scandal. now a letter has been sent to the 178 teachers, principals and administrators who were on the state investigative report as either confessing to or being implicated in the cheating. davis has ordered that educators resign by next wednesday or they will face termination. he says the culture inside the school district has to change. >> people failed children, they cheated. and we can't allow that to happen and we can't allow anyone who was involved with that to remain in our system. >> now, staff replacement may
ABC
Jul 16, 2011 7:00am PDT
are as far apart as ever on a plan to raise the debt ceiling. the president makes one last big push to get a deal done, but what happens to your bottom line if there is no deal? the effects are very real. >>> countdown. one of the most controversial figures in american life right now is just hours away from walking out of jail after being acquitted of murdering her toddler. what will casey anthony do now? can she go home? will she sell her story for a million dollars? we've got a live report. ♪ it's the end of the world as we know it ♪ >>> and carmageddon. los angeles is brought to a standstill as the busiest freeway in america is shut down overnight. millions of residents are now hunkered down in their homes refusing to go out. there are fears of gridlock, chaos and anarchy. really? ♪ light a candle >>> this carmageddon thing has the potential to be a huge mess, but we are also watching something truly extraordinary this morning. one of the most feared figures in the media world in full damage control. rupert murdoch, owner of fox news and "the wall street journal" here in the u.s.
MSNBC
Jul 16, 2011 4:00am PDT
're going to start with the big event in washington growing more desperate as the august 2nd deadline to raise the debt ceiling approaches. the key question will we see any progress this weekend. this as president obama warns that failure to take action could lead to serious financial fallout. >> we don't need a constitutional amendment to do our jobs. the constitution already tells us to do our jobs. we don't need more studies. we don't need more a balanced budget amendment. we simply need to make these tough choices and be willing to take on our bases. >> the republicans say they have a new long-term fix. a new amendment to the u.s. constitution. let's go straight to aaron mcpike. an issue of what is at stake today. a reporter with real clear pricks. what is this budget amendment? before we get to that, i want to show people what is at stake in terms of the numbers. $23 billion in social security payments. that's a payment that's on the united states' credit card bill. $87 billion that's another number that's being watched. august 15th also will come due $30 billion in interest paym
CNN
Jul 16, 2011 9:00am PDT
to an end. it's just a big project, a $1 billion project that wraps up hopefully if things go as scheduled monday morning. right now, what you're looking at are construction crews hard at work behind me. they're demolishing a portion of this bridge. when i say busy, this artery is busy, 500,000 cars pass through it each day. millions hit this freeway each week. it's a big deal. so far we've gotten a really interesting update i'll tell you about in a sec. i saw cnn take the pictures live a short time ago. hopefully you turned it around for us. it was pretty cool stuff. knocking off chunks and chunks of those cement blocks at the top there, really, really hard work, a big, big project to tackle. but it seems that things are ahead of schedule. they're tearing down just a portion of that bridge. the update we have, we checked in with los angeles police as well as california transportation officials, things look really well on the roadways, the surface streets. traffic across the city is still relatively like. they don't know what the rest of the day or the weekend will bring. but if things mov
FOX News
Jul 16, 2011 3:00am PDT
the road so we did not end up in this fiscal mess. >> everyone is going to the movies and a big story in the country right now and it relates to what is going on in the debt battle, the white house versus congress right now, battling, and president and cantor, reminiscent to harry potter and it ends this week. there is president obama versus speaker boehner. >> it would be terrifying if they had magical powers. how scary. >> who would be harry potter? >>dave: we will give you an idea, we compared the two in a roll out of this battle versus harry potter. look at this. >> i've been hearing from my republican friends for some time it is a moral imperative to tackle our debt and deficit in a serious way so i have said to them, let's go. >> we are in a crisis. >> i'm voting "no," on the debt ceiling. >> failing to raise the debt ceiling would be armageddon. >> i will not sign a 30-day or 60-day or 90-day extension. >> this debt limit increase is his problem. >> failure is not an option. >> this could have been avoided. >> you think you can hold the government ransom? >> we will in the supp
CNN
Jul 16, 2011 3:00am PDT
. >>> and this is an ipad for $69. the big mistake that had people thinking they had gotten the bargain of the year. >>> i want to start with another apology today. this from rupert murdoch. responding to the hacking scandal from the u.k. what this shows you, this tape, it is murdock going into a meeting with the family of the murdered british teenager. it was that teenager's hacked voice mails that sparked the outrage into the scandal. listen. >> shame on you. shame on you. shame on you. shame on you. >> mr. murdoch, will you tell us what you said to the family? >> if you just keep silent for a minute. it was a totally private meeting. >> keep your head down, mate. >> i'm the founder of the company. i was appalled to find out i apologize. i have nothing more to say. >> nothing more to say at that moment. he did have more he went on to say. murdoch posted an ad in several british newspapers. he said, "we are deeply sorry for the hurt suffered by the individuals affected." the news of the world was in the business of holding others to account. it failed when it came to it self. rebekah brooks oversa
FOX News
Jul 16, 2011 3:00pm PDT
of the nature's most majestic creatures make their way to the big apple. >> rick: we begin with the debt crisis in our nation's capitol. negotiations on hold between president obama and congressional lawmakers today. instead, both sides taking to the air waves making their cases directly to the american people. as an important august 2 deadline fast approaches, molly henneberg is live from washington. hi, molly. so the president is pushing more of his you give a little, i give a little message today. what can you tell us? >> hi, rick. always nice to see you two. republicans are not really buying it, but the president said in his weekly radio address today that since he's willing to include cuts or, quote, reforms, to entitlement programs like social security and medicare, as part of a debt negotiation, which he says doesn't, quote, make folks in my party too happy, then he believes the gop should go along with certain tax hikes. the president is appealing to americans today to back his plan of what he calls shared sacrifice. >> we have to ask everyone to play their part because we are all part
NBC
Jul 16, 2011 5:00am PDT
for that big deal, grand bargain, seem all but lost right now. now the hope is that congress can pass a dramatically scaled-back version before the country runs out of cash. taking his case public for the second time in a week, president obama accused republicans of failing to crops. >> the problem is members of congress are dug in ideologically into various positions because they boxed themselves in with previous statements. >> reporter: with the clock ticking towards what the president described as armageddon, the first financial default in american history, they hold out hope that a big deal could still be struck. >> but in order to do that we've got to get started now. that's why i'm expecting some answers from all the congressional leaders. and sometime in the next couple of days. >> reporter: for the first time, the president publicly said he's considering asking wealthier seniors in medicare to pay more out of pocket. today in his weekly address mr. obama suspended that stance. >> simply put, it will take a balanced approach, shared sacrifice, and a willingness to make unpopula
CNN
Jul 16, 2011 8:00am PDT
in august. so that has a big trickle-down effect. because now they won't be able to pay their bills. you think about the economy we're in. we're thinking about potentially going into another recession. if they can't pay their bills, it will affect their credit, the interest rates they're already paying, and potentially more fees. and it's going to hurt. >> the president already said. he said in an interview this week, i don't know if those checks, if we'll be able to send those checks out. another group we're talking about here. a couple of groups, government workers and unemployed. >> first with the government workers. we're talking about maybe a potentially 40% cut. this means a lot more furloughs. and keep in mind, we've already got employees that are furloughed right now. you're talking about, it could affect the military workers, any kind of government, federal government workers. we'll see cuts in rail systems, parks closing. different things. and we've been here before and seen this potentially happening. now we're really looking and facing that this could be real. >> you're menti
CNN
Jul 16, 2011 1:00pm PDT
, it doesn't really move much and when you see that big ridge overhead, you see that ridge as far south as dallas, texas. we're also tracking some stormy weather, if you're driving from alabama to florida, you know what i'm talking about, these storms have popped up and they are intense over southwest georgia and they are intense in the baton rouge area, as well as new orleans. i know it's a great break from the heat, but these storms can be severe at times, watch out for heavy downpours as well as frequent lightning strikes. >> with this kind of heat, all the more reason to stay inside too. maybe catch a movie this weekend? a big hit this weekend, of course harry potter and the deathly hollows. already it has set one box office records and it may turn out to be the most popular harry potter movie of all. of all the previous harry potter movies, which brought in the most cash? was it harry potter and the sorcerer's stone, the goblet of fire or the order of the phoenix? for broccoli, say one. for toys, say two. toys ! the system can't process your response at this time. what ? please cal
CNN
Jul 16, 2011 11:00am PDT
resigned a and then the dow jones resigned. and just yesterday, a big apology. he met with the family of a murdered teenager saying he's sorry that his journalists hacked her phone. he apologizes in print, as well, promising reareds that he will make big changes in the company. >>> and now to this side of the pond. the u.s. attorney general orders the fbi to look into whether rupert murdock's employees broke any u.s. laws. let's get straight to susan candiotti. rupert murdock appears before the parliament in just three days to testify. how hot is that seat there and here? >> well, i think it's safe to say that seat will be sizzling. by all accounts, his questioning before parliament can be spec spectacular. he took out full page ads mostly his own, but big block letters saying we are sorry. he signed the ad. his words he's poll gazing for wrongdoing causing hurt and not acting faster to sort things out. so par two top executives are taking the fall, his top editor, rebekah brooks, plur dock has described her as like a daughter to him. she's been in charge of his tabloid news of the wo
Search Results 0 to 14 of about 15